$BTC

/USDT:Bull Run Outlook Confirm 💯 💫

$BTC pair is showing bullish momentum, confirming a breakout above the marked resistance zone.

Current Price: $96,853.92 (+2.81% in 24h)

24h High: $97,650.00

24h Low: $94,148.34

24h Volume (BTC): 21,566.86 BTC

24h Volume (USDT): 2.07B USDT

Time Interval: 30m, price up by +0.10% at $96,853.92.

Technical Analysis & Strategy:

1. Trend: BTC has been showing positive momentum (+2.81% in the last 24h), with a slight pullback recently. It's trading just below the 24h high of $97,650.

2. Support & Resistance:

Support: $94,148 (24h low) and $95,000 (psychological level).

Resistance: $97,650 (24h high), with a potential breakout zone above $98,000.

3. Key Indicators:

Bollinger Bands: Price is near the upper band, signaling potential for a price correction or continuation.

RSI: RSI around 60-70, indicating a strong but not overbought condition.

MACD: Bullish momentum is intact, though we should monitor for any signs of divergence.

Trade Strategy:

Entry: Consider entering near $95,000 (support level) or above $97,650 (breakout confirmation).

Targets 🎯:

Target 1: $98,000 – Breakout potential.

Target 2: $100,000 – Psychological resistance.

Target 3: $105,000 – Longer-term bullish target.

Stop Loss: Set at $94,000 to protect against downside risk.

Watch for support near $95,000 and breakout above $97,650 for continued bullish momentum.

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